MNRE invites proposal for availing Green Climate Fund (GCF) support in renewable energy areas Updated On Mon, Jun 13th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders for availing Green Climate Fund (GCF) support in renewable energy areas. MNRE in a statement said proposals shall have potential to deliver transformative impact on climate change mitigation […] Read more
Solar Energy Prime for Green India – MNRE nudge Eminent Initiatives Updated On Sat, Dec 5th, 2015 by Saurenergy In the financial plan of 2015, Govt of India aims to swell 175GW of renewable energy, including a pragmatic extension of 100GW of renewable energy by 2022 said Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy during a questionnaire session in the Lok Sabha. The minister also cites […] Read more
Green Stocks May 9- Stocks Weather Escalation Of Hostilities Updated On Fri, May 9th, 2025 by Saurenergy As the hostilities between India and Pakistan continued to escalate, the stock markets were relatively resilient, recovering early losses significantly. Green stocks in particular survived the day with marginal losses, considering how close most are to what many investors consider value levels, Shooting up was Borosil Renewables, up almost 10% as the solar glass maker […] Read more
Iberdrola Raises €750 M Green Bond Over 10 Years Updated On Fri, May 9th, 2025 by Saurenergy Spanish utility Iberdrola has raised €750 million in a 10-year bond issuance under the European Union’s new Green Bond Standard (EU GBS), becoming the first Spanish company to do so. The offering also complies with the Green Bond Principles set by the International Capital Market Association (ICMA), making it one of the first to align […] Read more
APTEL Sets Aside CERC Order in Greenko, Cites Pact Misreading Updated On Fri, May 9th, 2025 by Saurenergy In a significant ruling, the Appellate Tribunal for Electricity (APTEL) has overturned a Central Electricity Regulatory Commission (CERC) order that had held Greenko Budhil Hydro Power Pvt. Ltd. liable for transmission charges during the period before its hydroelectric project was commissioned. The judgment, delivered in a batch of four appeals relates to the determination and […] Read more
ArcelorMittal’s 1GW Renewable Energy Project Begins Power Supply To Nippon Steel Updated On Fri, May 9th, 2025 by Saurenergy ArcelorMittal’s 1GW solar and wind project located in Andhra Pradesh, southern India, has recently started providing clean electricity to AM/NS India which is ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel. The $0.7 billion project was developed, constructed, and commissioned by AM Green Energy, an ArcelorMittal subsidiary. The India renewables project has been developed […] Read more
Green Stocks May 8: Air Raid Warnings Drown Out Stock Recovery Updated On Thu, May 8th, 2025 by Saurenergy In a now familiar pattern that is emerging, morning recoveries were quickly doused by fears of escalation or actual bad news on the bourses. Thus, we saw our green energy pack start the day with some small gains, before being hit with every rumor and news of escalation in the India-Pakistan situation. Most stocks have […] Read more
India’s Renewable Energy Sector Sees Surge In FDI: CEEW Updated On Thu, May 8th, 2025 by Saurenergy India’s renewable energy sector accounted for nearly 8 percent of total foreign direct investment (FDI) inflows in the financial year 2024-25, up from about 1 percent in FY21. The trend was revealed in the latest Market Handbook released by the Council on Energy, Environment and Water’s Green Finance Centre (CEEW-GFC). The sector attracted USD 3.4 […] Read more
Govt Issues Draft Climate Finance Taxonomy To Curb Greenwashing Updated On Thu, May 8th, 2025 by Saurenergy India’s Department of Economic Affairs under the Ministry of Finance has issued a draft framework for the country’s Climate Finance Taxonomy and invited public and expert feedback by June 25, 2025. The draft framework will be the basis for developing sectoral annexures to outline the measures, activities, and projects considered climate-supportive, and those identified for […] Read more
